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#080 Global Macro Trading in 2022 with Raoul Pal

The Layah Heilpern Show

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Stable Coins - Where Do You See Them Playing Out

The central banks will have their own version. Say they want to hand out stimulus, you can give it directly to people's wallets. The uk has made it clear, and i think the fed has made it pretty clear. They're both going to probably coincide and operate with each other. But you'll have private wallet, private cbd, private stable coins. I think they're accepting that technology moves too fast to not use existing rails that the private secto has built. Nobody cares about what block chains they're built on - just be built on different things. It's an exciting place, and we just let it develop as it developsabsolutely.

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